Key to the Fed's rate hike outlook! Will the US October nonfarm payrolls arriving tonight become the "savior" of US stocks?

At 21:30 Beijing time on Friday, the US will release the October nonfarm payrolls report. With tech stocks suffering a historic selloff, will this report bring encouraging news to investors, or will it deepen their pain? A strong labor market would give the Federal Reserve more room to raise rates further, and that prospect could put more pressure on Wall Street.